FastSaying
In a forbearance, the homeowner pays interest and principal on a smaller mortgage, at least for a time, but still owes the full amount. The lower monthly payment helps with affordability, giving stressed homeowners a break.
Mark Zandi
Amount
Break
Forbearance
Full
Giving
Helps
Interest
Lower
Monthly
Mortgage
Owes
Payment
Pays
Principal
Smaller
Still
Stressed
Time
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